Answer: 4 containers
Explanation:
The formula used to get the number of containers that are needed will be:
N = DT(1+X)/C
where,
N = total containers
D = planned usage rate used by the work center = 111 parts per hour
T = average waiting time = 100 minutes = 100/60 hours = 1.67 hours
X = inefficiency factor = 0.21
C = capacity of standard container = 5 dozens = 5 × 12 = 60 parts
N = DT(1+X)/C
N = (111 × 1.67)(1 + 0.21)/60
N = (185.37 × 1.21)/60
N = 224.2977/60
N = 3.738
N = 4 approximately
4 containers will be needed
Answer:
$0
Explanation:
Data given in the information
Product X is the byproduct.
In addition, the By products are recorded in the general ledger at the point of sale
So in this case, the quantity sold is considered only no other things would be recognized
Hence, in this the quantity sold and quantity produced is not recorded
Therefore , No ending inventory should be recognized in the general ledger for this by products
Answer:
an increase in equilibrium price and an indeterminate effect on equilibrium quantity.
Explanation:
An inferior good is a good whose demand increases when income falls and reduces when income rises.
If ramen is an inferior good, when income falls its demand would increase. This would lead to a rise in quantity and price.
An increase in the price of wheat would increase the cost of production of ramen. As a result, the supply of ramen would fall. Price would increase and supply would fall.
The combined effect would be an increase in equilibrium price but an indeterminate effect on equilibrium quantity.
I hope my answer helps you
Answer:
Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.)
B. A company pays a 6-month insurance premium at the beginning of October.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Explanation:
B. A company pays a 6-month insurance premium at the beginning of October.
Record expenses for 3 months. Oct-nov-dec. Otrher 3 months are prepaid expenses.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Record expenses for 2 months. Nov-Dec. Other 2 months are prepaid expenses.
Answer:
However, the economy has been characterised by a structural shift in output over the past four decades.
Since the early 1990s, economic growth has been driven mainly by the tertiary sector – which includes wholesale and retail trade, tourism and communications. Now South Africa is moving towards becoming a knowledge-based economy, with a greater focus on technology, e-commerce and financial and other services.
Among the key sectors that contribute to the gross domestic product and keep the economic engine running are manufacturing, retail, financial services, communications, mining, agriculture and tourism.
Explanation:
South Africa’s economy has traditionally been in the primary sectors – the result of a wealth of mineral resources and favourable agricultural conditions.
